Concord Medical Services
21 hedge funds and large institutions have $35.7M invested in Concord Medical Services in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
50% more funds holding
Funds holding: 14 → 21 (+7)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
0.67% less ownership
Funds ownership: 1.21% → 0.55% (-0.67%)
54% less capital invested
Capital invested by funds: $76.8M → $35.7M (-$41.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$535K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$284K |
| 3 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$160K |
| 4 |
PCM
Prelude Capital Management
New York
|
+$102K |
| 5 |
Morgan Stanley
New York
|
+$70.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carlyle Group
Washington,
District of Columbia
|
-$23.3M |
| 2 |
SIC
Starr International Company
Zug,
Switzerland
|
-$18.5M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$1.6M |
| 4 |
FBC
Fairfield, Bush & Co
Darien,
Connecticut
|
-$202K |
| 5 |
Renaissance Technologies
New York
|
-$17.6K |
CCM Hedge Fund Activity: Q4 2013 in Review
21 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Concord Medical Services (CCM) for Q4 2013, worth a combined $35.7M — down 54% from $76.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CCM positions and 1 closed out — a net gain of 7 holders — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Letko, Brosseau & Associates, opening a new position worth an estimated $535K. The largest seller was Carlyle Group, cutting an estimated $23.3M.
- 21 institutional investors held Concord Medical Services (CCM) as of Q4 2013, up from 14 in Q3 2013.
- Funds reported $35.7M of Concord Medical Services stock for Q4 2013, down 54% quarter-over-quarter.
- 8 funds opened new Concord Medical Services positions in Q4 2013 and 1 closed out, a net change of +7 holders.
- The largest Concord Medical Services buyer in Q4 2013 was Letko, Brosseau & Associates, an estimated $535K added.
- The largest Concord Medical Services seller in Q4 2013 was Carlyle Group, an estimated $23.3M sold.
Based on aggregated 13F filings for Q4 2013.